Five Stocks Near Buy Points That Have Strong Profits

Lots of stocks on Your Weekly Review are near buy points, but after filtering out those in late-stage bases and companies with mediocre earnings growth, few are left.

The ones that pass the tests are worth further consideration. So here are five leading stocks whose earnings in the latest quarter topped 25% and whose bases are first- or second-stage:

Monarch Casino & Resort (MCRI) is forming a cup-with-handle base with a buy point at 21.01. Its base undercut an August-October base, which reset the base count.

The stock dropped out of this week's Weekly Review.

Monarch, which operates casinos in Reno, Nev., and Black Hawk, Colo., is lagging other casino leading stocks such as Wynn Resorts (WYNN) and Las Vegas Sands (LVS), which have properties in the fast-growing Macau gambling area of China.

Electronics for Imaging (EFII) is breaking out of a flat base. Shares this week topped the 39.97 buy point in heavy trading, but a reversal Wednesday sent shares back below the buy point. The stock, though, is near the entry.

The maker of specialized printers and printer technologies posted accelerating earnings gains of 10%, 27% and 39% in the most recent quarters. Analysts expect a modest 5% EPS gain for the fourth quarter, however.

NRG Yield (NYLD) is finding support at the 10-week moving average and may be forming a base-on-base pattern. The alternative-energy company has an EPS Rating of 99.

Altisource Portfolio Solutions (ASPS) is forming a flat base with a potential entry at 171.10.

BofI Holding (BOFI) is shaping a flat base with a buy point at 82.37. Technically the stock is in a first-stage base, but it has made a major advance since 2012.

The online banking firm recorded a 27% increase in profit in the September-ended quarter.

Lots of stocks on Your Weekly Review are near buy points, but after filtering out those in late-stage bases and companies with mediocre earnings growth, few are left.

The ones that pass the tests are worth further consideration. So here are five leading stocks whose earnings in the latest quarter topped 25% and whose bases are first- or second-stage:

Monarch Casino & Resort (MCRI) is forming a cup-with-handle base with a buy point at 21.01. Its base undercut an August-October base, which reset the base count.

The stock dropped out of this week's Weekly Review.

Monarch, which operates casinos in Reno, Nev., and Black Hawk, Colo., is lagging other casino leading stocks such as Wynn Resorts (WYNN) and Las Vegas Sands (LVS), which have properties in the fast-growing Macau gambling area of China.

Electronics for Imaging (EFII) is breaking out of a flat base. Shares this week topped the 39.97 buy point in heavy trading, but a reversal Wednesday sent shares back below the buy point. The stock, though, is near the entry.

The maker of specialized printers and printer technologies posted accelerating earnings gains of 10%, 27% and 39% in the most recent quarters. Analysts expect a modest 5% EPS gain for the fourth quarter, however.

NRG Yield (NYLD) is finding support at the 10-week moving average and may be forming a base-on-base pattern. The alternative-energy company has an EPS Rating of 99.

Altisource Portfolio Solutions (ASPS) is forming a flat base with a potential entry at 171.10.

See Also

Macau's gambling revenue tumbled almost 49% as China's anti-corruption campaign continued and high rollers took their money elsewhere in February. But the timing of the Lunar New Year also impacted results, says one analyst. Monthly gross revenue sank 48.6% to 19.5 billion patacas, or $2.4 billion, ...

MGM Resorts International's (NYSE:MGM) fourth-quarter loss widened and its revenue was lighter than expected as Macau operations continued to be a drag on results. Shares fell early Tuesday, pulling the casino sector down, even though MGM announced a special $400 million dividend. MGM Resorts ...

Revenue for Macau's casinos could fall a jaw-dropping 35% to 42% in February vs. the same month a year ago, according to a new market analysis. That could further drive down shares of battered Las Vegas Sands (NYSE:LVS) and other Macau-centric casinos. Early February's average daily receipts for ...

Shares of Las Vegas Sands (NYSE:LVS) and other Macau-centric casinos fell early Mon. — but later recovered — after the Macau Gaming Inspection and Coordination Bureau said gambling revenue fell 17.4% in Jan. to $3 bil, the 8th monthly drop in a row. That dip followed a 30.4% decline in ...

02/02/2015 06:46 PM ET

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